The PowerPod Token, abbreviated as $PPD, is a governance token in the network. Owning $PPD allows participation in important decision-making processes such as community proposals and voting.
PowerPod Token will adopt the ERC20 standard and can be easily integrated into various decentralized exchange platforms and wallets, making it convenient for users to use.
Bitcoin can be considered as the first blockchain application, and we believe there are many points worth learning from. This time, we drew inspiration from the fair launch model of Bitcoin.
Yes, we have a fair launch of $PPD too.
The total supply is 100 million tokens. In the first year, 12.5 million $PPD are produced, with the production rate halving every four years.
After the contract is deployed and executed, $PPD will be generated from each block and inject into different allocations.
Positive behavior incentives: 45%
Builders: 15%
Investors: 18%
Advisors: 2%
Ecosystem: 20%
The portion of $PPD used for incentives will be aggregated into a dividend pool. The dividend pool distributes dividends every 12 hours. The distribution is based on the proportion of $PT invested in the pool. Once $PT is transferred into the dividend pool, it cannot be withdrawn, and after the dividend distribution, the batch of PT in the pool is destroyed.
For example, if user John transfers 100 PT into the dividend pool and at the end of the dividend period, there are a total of 10000 PT in the pool. He will receive 77 PPD accumulated in the dividend pool during that period (assuming that each dividend distribution is approximately 7705 PPD in the first year) according to a ratio of 1%. After the distribution, all 10000 PT in the pool will be destroyed completely.
